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CNET News Video

The weird, the wonderful on sale for $5

What can you get for five bucks? A Christopher Walken impression, a singing telegram... magic lessons. And that's just the beginning. It's the premise behind Fiverr, a new Web site where a wide array of goods and services are priced at $5. CNET's Kara...

1:59 / 16 November 2012

Transcript

-Kristen Peterson is a singer songwriter, but to pay the bills, she's had to tap in to her other skill of writing press releases.
-I love writing and I love words, and it comes easy for me.
-So she turned to Fiverr, a microservices website where goods and services can be exchanged in 5-dollar increments.
-I offer 150 words for 5 dollars, and if they want more words for instance,
300, they can pay to Fiverr.
-That's no chump change.
In 2 years of selling on Fiverr, Peterson has made over 7,000 dollars.
-With that kind of money, it might go towards, you know, something important.
-But Fiverr isn't just a marketplace for professional skills, from unusual happy birthday messages.
-Happy birthday to you.
-To cute kid's toys, to the weird and wonderful.
There seems to be a seller and presumably a buyer for just about
everything.
-Well, there's a huge opportunity in this new service as the economy.
I think that people in today's economy are starting to think outside the 9 to 5 box and are looking for ways to monetize their skills.
-Listing on Fiverr is free, but the company takes 20 percent of the seller's profit.
-15 percent of our sellers already view Fiverr as their primary source of income.
-In less than
3 years of operation, Fiverr has seen more than 1 million goods and services go on sale for more than 200 countries.
And according to CEO Micha Kaufman, it's the global digital nature of the site that sets it apart from TaskRabbit, Elance, and other competition.
Hey, if you ever wanted a Christopher Walken impression, this is the site for you.
-Leave your name and number, I employ you.
-In San Francisco, I'm Kara Tsuboi, CNET.com for CBS News.

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